Hi Garmel,
IMP is nearly cash flow positive now with their current production. This new acquisition will increase revenues by more than 250k per quarter (on base case 1P reserves-without expected upgrades) which will easily make them cash flow positive IMO.
Furthermore, the marcellus shale is up there with the top natural gas plays in the world!
Once due diligence is completed and reserves are confirmed IMP will be re-rated IMO!?!
JB
- Forums
- ASX - By Stock
- IMP
- the marcellus shale- up as high as 500 tcf!!!
the marcellus shale- up as high as 500 tcf!!!, page-6
-
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online